2024 has seen two mass layoffs at Microsoft, with 1900 staff laid off in January, before a further 650 Xbox employees were shown the door in September.

Regardless, Microsoft’s shares are up and the company’s market value is now higher than $3tn, as it works to capitalise on the rise of AI.

  • rottingleaf@lemmy.world
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    17 days ago

    I agree, but yours are real oligarchs, while those I’m talking about are a relatively new thing for you.

    Russian-style ones are just blokes from one and the same corporation who chose they want to be celebrities. A façade. They used oligarchy as a scapegoat in the 90s, to avoid lustration while it still could be done.

    • sunzu2@thebrainbin.org
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      17 days ago

      I see your point. In US our oligarchs run the show. In russia, they submit to the “President” to obtain the position.